Event: Climate Transparency in Mexico City (Mexico)

November 12, 2015

Mexico City, 12 November 2015; As negotiations for a new climate agreement continue, it becomes imperative that we enhance the transparency and comparability of actions to address climate change and to incentivize a ‘race to the top’, to bridge the (expected) very large gap between what jurisdictions pledge, and the emission reductions needed to limit warming to under 2°C.

To increase the impact of climate action and policy assessments it is necessary to:

Use a common conceptual framework to develop a composite index of climate action;

Link sectorial mitigation assessments, including the financial sector, with country assessments so that they are commensurate with the 2°C target;

The seminar brought together international climate experts to discuss climate performance assessments and how they can help to increase countries’ climate ambition.

The 30 participants included local researchers, government & diplomatic representatives, representatives of international organisations, NGOs from Mexico and Brazil and representatives of the financial sector, the philanthropic sector as well as outside experts from Climate Transparency, Climate Action Tracker, Climate Change Performance Index and the Carbon Transparency Initiative.

Climate Transparency released the summary of its upcoming report on the G20 climate mitigation performance. It describes emissions and emissions trends, decarbonisation efforts including the development of renewable energy and climate policy performance.

Specific focus was on current and future climate trends for Mexico and Brazil and establishing accountability and transparency for climate action assessment and policy implementation.